GOLD is the﻿ money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Wednesday, April 5, 2017

How To Store Silver Bars & Coins At Home - Mike Maloney

There are lots of reasons to buy silver—it’s a real asset, the coins are
beautiful, it will likely outperform gold, and it’s more affordable.
But that affordability comes with a catch. Once you start to accumulate,
you quickly realize that silver requires a lot more storage space than
gold. It’s relatively easy to hide some gold coins in a sock drawer or
cookie jar, but those hiding places are impractical for the same dollar
amount of silver. So how do we store our silver bullion both efficiently
and safely? And should it be stored at home anyway? This article has
some potential solutions for those investors that are stacking silver…

Storing Silver Bullion at Home

Everyone
should keep some silver (and gold) in a place that is easily and
immediately accessible. One advantage bullion offers is its high
liquidity in a period of crisis—no worries about bank closures, lack of
access to funds, or internet problems. So, if you have some bullion
close by, you have the ability to fight through a crisis. On the other
hand, if your silver is two days away or time-consuming to get to, its
use as an emergency asset has diminished.

As Mike Maloney pointed
out in his book, Guide to Investing in Gold and Silver, “I believe
everyone should have gold and silver in his or her own private
possession, where you can lay your hands on it, because they are one of
the few financial assets that can be completely private and not part of
the financial system.”

This doesn’t necessarily mean you should
keep it inside your house. It means you want some of it readily
accessible in an emergency, whether that emergency be a personal one or
on a national scale.